| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059680 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠An agent can make an observable but non-contractible investment. ⺠A principal then offers to collaborate with the agent to provide a public good. ⺠The agent may have private information about his valuation. ⺠Private information may either decrease or increase the investment incentives. ⺠The impact of private information depends on the sequence of events.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Patrick W. Schmitz,